You just completed onboarding. Now it's time to become a 🧠smarter and 💪stronger 📈investor using Global Predictions 👍recommendations and 💡insights.
Overview
You land on the overview page. Here you see your portfolio score, net worth, forecasted returns, expected performance, top recommendations, and more.
The purpose of all of that info is to give you a better understanding of your portfolios current performance and to find ways to improve it.
Overview page for desktop and phone.
Portfolio Score
You're extra curious about this portfolio score your portfolio has been assigned, so you decide to get a better understanding of what it means.
So, to breakdown the portfolio score a bit more. Your portfolio is assigned a number between 0 and 1000. 0 being the worst and 1000 being the best. This is modeled after credit scores so there is a familiarity. Every 200 points is assigned a color value and adjective to help convey and drive home the meaning of each score.
Portfolio score cards showing different types of scores.
Portfolio Score Details
To go even more in depth, your portfolio score is calculated using a bunch of different metrics, with the main focus being on Sharpe ratio, downside protection score, and risk match.
These metrics are scored and defined to help you get a better understanding of what they mean. There is even an entry point to improve your score.
Portfolio score details modal for desktop and phone.
Recommendations
Now that you understand your portfolio score, you set your sights on recommendations. This is the core way that GP helps you improve your portfolio.
Recommendations are ordered from the most to least impactful. Which means that sometimes the most impactful will not raise your portfolio score the most because it balances expected return, risk, and Sharpe ratio.
For example, if you look below, the first recommendation only raises your score by 5 points, while the second one raises it by 10 points.
Recommendations page for desktop and phone.
Accepting a Recommendation
You look over the first recommendation and agree that's the right thing to do to improve your portfolio. You click the button to reduce the amount of TSLA you own.
A modal sheet slides into view, you enter the dollar amount of TSLA you want to remove from your portfolio, and you save. Remember, you still need to go to your broker app and sell those shares to actually improve your portfolio.
Portfolio recommendations edit mode modal for desktop and phone.
Portfolios
There is a core concept to understand when it comes to portfolios in GP. There is your primary portfolio, which is based on the accounts you connected. Then there is your draft portfolio, which is based on an optimized version of your primary portfolio.
A draft portfolio is automatically created for you when you join. You can switch between your primary and draft portfolio in the top of the sidebar. You can have an infinite amount of drafts for different scenarios, e.g. retirement.
When you accept of decline recommendations, those actions will only apply to the portfolio you have currently selected.
Portfolios page for desktop and phone.
Adding a Draft Portfolio
Draft portfolios are for experimenting. You can get deep insight into how different investment combinations will perform over time and how they will react to seismic events in the economy, e.g. COVID.
Creating your first draft portfolio is easy. You just need to give it a name, description, and add the investments.
Adding a draft portfolio modal for desktop and phone.
Simulations
Remember the COVID-19 pandemic? How about the global financial crisis? Or what about the tech bubble?
You can simulate your primary or draft portfolios to see how they would perform during these catastrophic events. The great thing is that GP provides recommendations for macro risks like these to help protect your portfolio.
Simulations page for desktop and phone.
Templates
Maybe you need a little assistance in figuring out how to plan for your future. Templates allow you to do just that. GP provides a number of different templates to help you explore and plan to find a portfolio that fits your needs.
Templates page for desktop and phone.
Template Details
You can dive into the details of the template or easily add it to your drafts. Like most interactions when needing to see more details, you'll see a sheet slide in showing those details, so you still get context of where you are and can easily navigate between the details of different templates.
Template details sheet for desktop and phone.
🙌Nice work! You're now well on your way to becoming a 🧠smarter investor.
Highlights
These are the elements we focused on to make sure the onboarding experience was clear, efficient, trustworthy, and not frustrating.
Portfolio Actions
Investors can edit, sync, compute trades to execute, copy, and optimize their portfolio with these quick actions.
Core Metrics
These are the metrics investors should always be aware of because they show how their portfolio is doing and what the future performance is projected to be. That is why they are placed at the top.
User Menu
This allows investors to make sure they are logged into the correct account and to edit their account and access settings.
Recommendations
These are the top recommendations GP has found that will improve the portfolio score. Investors can bookmark them for later or view details, which is where they can accept the recommendation.
Expected Performance
Investors can get a bird's eye view of their portfolio's performance or a given period of time. As well as comparing their primary portfolio vs their draft portfolio.
Portfolio Score
The investor's portfolio score for their primary and draft portfolios are always visible so they can get real-time insight as they make changes, e.g. accept a recommendation.
Nav Sidebar
This is the primary way for investors to navigate around GP. It also let's them know what portfolio they are currently viewing, primary actions, and other info.
Highlighting the elements that we focused on to ensure the best experience possible using step 1 as an example.
Impact
We collected data over the first month and saw positive trends in key metrics that we were tracking, which you can see below.